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MAG Silver Corp crosses below 125-day moving average

MAG Silver Corp closed sharply lower Tuesday, dropping $0.32 or 3.59% to $8.60 and crossing below its 125-day moving average. Over the last five days, shares have lost 1.38% and are down 9.66% for the last year to date. This security has underperformed the S&P TSX by 13.71% during the last year.

About

MAG Silver Corp. is a Canada-based mineral exploration and pre-development company. The Company is engaged in the acquisition, exploration and development of projects located

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within the Mexican silver belt. The Company’s projects include Juanicipio Property, Cinco De Mayo Property, Salamandra Property, The Don Fippi (Batopilas) Property and Guigui Property. The Company owns 44% of Juanicipio Property located in the Fresnillo District, Zacatecas State, Mexico. The Salamandra project is located in the city of Durango in the El Guadiana valley in Durango State. The Cinco de Mayo Project is located in the city of Chihuahua, in northern Chihuahua State, Mexico. The Company has a 100% interest in Batopilas project. Salamandra Property covers 4,800 hectares in the Batopilas Native Silver District in southwestern Chihuahua. The Guigui project is a 4,500-hectare property located in the Santa Eulalia Mining District of Chihuahua, Mexico.

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